Please Note
- An estimate based on public data for similar roles. Not provided by the employer.
Senior Director, Priority Banking Team
Role summary
Written by MyIslandJob from the job title and employer. See the employer's page for the full description.
The role leads Standard Chartered’s Priority Banking team in Malaysia, developing affluent-client relationships and delivering tailored banking, investment and wealth-management solutions. Candidates typically need a bachelor’s degree, substantial experience in priority, premier or wealth banking, strong knowledge of financial products, and proven leadership in managing sales and relationship teams. Relevant banking certifications and familiarity with Malaysian regulatory requirements are advantageous. The successful candidate is expected to set business strategy, grow deposits and investment assets, improve client acquisition and retention, coach relationship managers, and work closely with product, risk and compliance teams. Strong communication, commercial judgment, stakeholder management, ethical conduct and the ability to deliver sustainable revenue growth are essential.
Can I work in Malaysia?
Never pay anyone for a visa or a job offer. A real employer pays the permit costs and never asks you for money.
How it works
How it works: Employment Pass with a Bank Negara letter; RM 5,000+ basic (about USD 1,150) after a 14-day MYFutureJobs advert (exempt at RM 15,000+); 10 years from RM 10,000.
Before you apply: Dealing, advising and senior roles usually need a regulator's licence or approval, which checks your honesty, skills and finances. Ask if your job does.
Watch for: Only basic pay counts towards the RM 5,000 floor, not allowances; from 1 January 2027 EP II and III applications need a succession plan to train a Malaysian.
Official source: Expatriate Services Division: ESD Online Guidebook 2025. Checked November 2026.
What the job usually comes with in Malaysia
Usual for Banking jobs in Malaysia, varies by employer. Checked November 2026.
| Housing | Not provided; senior expats may get a housing allowance |
|---|---|
| Relocation | Employer usually pays the pass fees (about RM 330 to 480) and any levy; relocation money for senior hires only |
| Flights | Not standard; senior packages may add a joining flight and home leave |
| Contract | Fixed term tied to the pass, up to 5 years each; EP I and II capped at 10 years, EP III at 5 (June 2026) |
| Leave | Peninsular Malaysia: 8 days a year, 12 after 2 years, 16 after 5; 11 public holidays; 45-hour week (by law) |
| Income tax | Flat 30% until 182 days in a year, then 0% to 30%; EPF pension 2% + 2% is mandatory since October 2025 |
| Health cover | Work-injury and invalidity cover via SOCSO (by law); no public health cover; employers add private insurance |
Senior staff often get more than line staff, for example a single room or a yearly home flight. Ask the employer what the job includes before you accept.
Guidance, not legal advice. Rules change; your employer confirms the details for your case.
About Standard Chartered
Standard Chartered is an international banking group headquartered in London, with a strong presence across Asia, Africa and the Middle East. The bank provides retail, priority and private banking, commercial and corporate banking, transaction services, and financial-market solutions to individuals, businesses and institutions. Malaysia is one of its established markets, offering consumer, affluent-client and corporate banking services through digital channels and branch operations. Standard Chartered promotes a cross-border model, allowing clients to access international expertise while receiving local market support. Its stated priorities include responsible growth, customer service, digital innovation, inclusion and strong risk management. Employees typically work in a regulated, performance-oriented environment with opportunities to collaborate across countries and business lines. Benefits and compensation vary by grade, experience and performance, and senior leadership roles commonly include annual incentives.